Working-Age Population

AAA

DEFINITION of 'Working-Age Population'

The total population in a region, within a set range of ages, that is considered to be able and likely to work. The working-age population measure is used to give an estimate of the total number of potential workers within an economy. Each region may have a different range of ages, but typically the ages of 20 to 65 are used.

INVESTOPEDIA EXPLAINS 'Working-Age Population'

This measure considers all individuals in a region between these ages, but doesn't differentiate between those that are actually working and those that are currently unemployed. The working-age population of an economy is always shifting as the demographics of a region change, with large changes having the potential to significantly impact the economy. For example, if you have a relatively small working-age population when compared to the youth and retired segments, the economy will rely on a smaller population to generate revenues while a larger population of youth and retired segments rely on social programs.

RELATED TERMS
  1. One-Child Policy

    A policy implemented by the Chinese government as a method of ...
  2. Full Employment

    A situation in which all available labor resources are being ...
  3. Boomernomics

    An investing strategy that involves buying equities directly ...
  4. Natural Unemployment

    The lowest rate of unemployment that an economy can sustain over ...
  5. Unemployment Rate

    The percentage of the total labor force that is unemployed but ...
  6. Life Expectancy

    1. The age until which a person is expected to live. 2. The ...
Related Articles
  1. Options & Futures

    Explaining The World Through Macroeconomic Analysis

    From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.
  2. Economics

    Cashing In On Macroeconomic Trends

    Learn to identify the things that may impact your investments down the road.
  3. Economics

    Can state and local governments in the US run fiscal deficits?

    Discover why most state and local governments do not – or cannot – run fiscal deficits in the same manner as the U.S. federal government.
  4. Active Trading Fundamentals

    How do central bank decisions affect volatility?

    Using an aggregate, macroeconomic perspective, take a look at how some of the ways central bank decisions can impact market volatility.
  5. Fundamental Analysis

    What does the term 'invisible hand' refer to in the economy?

    Discover and understand the concept of the "invisible hand" as explained by Adam Smith, considered the founder of modern economic theory.
  6. Fundamental Analysis

    At what level is the current account deficit considered excessive, in terms of percent?

    Take a deeper look at the variables that impact current account deficits, and learn why not all types of deficits have equal impacts on a nation's economy.
  7. Personal Finance

    How is the consumer price index (CPI) used in market escalation contracts?

    Understand the purpose of market escalation contracts and learn how the consumer price index (CPI) is often used to make periodic contract price adjustments.
  8. Economics

    The Economic Impact of Better US-Cuba Relations

    We examine what the normalization of relations between the US and Cuba will mean for the two countries' economies.
  9. Economics

    How US & European Union Sanctions Are Crippling Russia

    Economic sanctions imposed by the US and EU on Russia are having a crippling effect; the Russian economy shrank for the first time in five years.
  10. Economics

    Why do developed countries run current account deficits?

    Discover why developed countries tend to run current account deficits and why running a current account deficit is not a bad thing for the economy.

You May Also Like

Hot Definitions
  1. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
  2. Federal Funds Rate

    The interest rate at which a depository institution lends funds maintained at the Federal Reserve to another depository institution ...
  3. Fixed Asset

    A long-term tangible piece of property that a firm owns and uses in the production of its income and is not expected to be ...
  4. Break-Even Analysis

    An analysis to determine the point at which revenue received equals the costs associated with receiving the revenue. Break-even ...
  5. Key Performance Indicators - KPI

    A set of quantifiable measures that a company or industry uses to gauge or compare performance in terms of meeting their ...
  6. Bank Guarantee

    A guarantee from a lending institution ensuring that the liabilities of a debtor will be met. In other words, if the debtor ...
Trading Center